Melio

Melio

28 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Melio	Score 5.6 out of 10	N/A	Melio is a small business-oriented Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite payments, or pay by card.	N/A

Pricing

Melio

Editions & Modules

Card processing fee: 2.9%

Offerings

Pricing Offerings
Melio
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
No

Entry-level Setup Fee

No setup fee

Additional Details

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More Pricing Information

Community Pulse
	Melio
Considered Both Products	Melio Verified User Director Chose Melio Melio has much better customer service and lower fees than the competitors I've tried! Incentivized Helpful? J Rio Fultz CEO Chose Melio Melio stacked up well against other solutions. The workflow and reporting were simple and the payment options were less expensive, without a monthly subscription. The ability to pay multiple invoicing in a few short clicks was appealing. The updated payment workflow was … Incentivized Helpful? David Choy Founder Chose Melio I love Melio compared to bill.com, which seems to be full of fees and annoying ads that Melio does not have. Incentivized Helpful? Zac Gaetano Creator Chose Melio Melio is 100% free if you just use ACH, and that by itself would be reason enough for me to stick with the platform, it boats a ton of other useful features that add to the experience. Helpful? Steven Ladd CEO Chose Melio Melio tested to be much easier to use than BILL. Additionally, Melio is free for bill payment; others charge quite a bit. Being able to recommend a free app to our clients makes standardizing on a single solution very easy for us. Incentivized Helpful? Jamie Morehead Owner Chose Melio Less features than Ramp, but a solid option for free use for ACH. If you need International wires, fees may be higher than other options. However, you can issue paper checks, ACH, wires or use a linked credit card to pay bills. Helpful? Verified User C-Level Executive Chose Melio I prefer Melio due to its simplistic interface. Incentivized Helpful? Ryan Smith Owner Chose Melio So So Much Better. They Actually Send The Payments Like They're Supposed To. Helpful? Crystal Meadors Bookkeeping Specialist Chose Melio I prefer Melio over Bill.com. I prefer Melio because it is easier to cancel or correct a payment on the platform. I like the way that Melio lets you track vendor requests for payment information. I like that it is easy to follow the payment all the way through the process to … Incentivized Helpful? Stephanie Mack Accounting Services Consultant & Trainer Chose Melio It is pretty good, but clients call frustrated with it when they have to fix things. I cannot offer it to advanced clients, since the system is too simple. Incentivized Helpful? Verified User C-Level Executive Chose Melio Bill.com is more expensive and more difficult to use than Melio. While it has a greater range of functionality and apparently has better integration into QuickBooks, we didn't need the greater functionality and I had just as much trouble integrating into Bill.com as I have with … Incentivized Helpful?
Top Pros	Pro Customer service Pro Excellent customer Pro Integrates well
Top Cons	Minus Already exist Minus Third party Minus Integration with accounting

Features

Melio

Payment Management

Comparison of Payment Management features of Product A and Product B
	Melio 5.1 10 Ratings 24% below category average
Customizable Approval Policies	5.17 Ratings
Financial Document Management	5.07 Ratings
Payment Status Tracking	5.110 Ratings
Payment Audit Trail	5.18 Ratings
Duplicate Bill Detection	4.87 Ratings
Advanced OCR	5.57 Ratings
Electronic Funds Transfer	5.18 Ratings

Accounts Payable

Comparison of Accounts Payable features of Product A and Product B
	Melio 4.8 14 Ratings 19% below category average
Automated Accounts Payable Processes	5.013 Ratings
Vendor Management	4.813 Ratings
Tax Form Preparation	4.78 Ratings

Best Alternatives
	Melio
Small Businesses	Square 9 Softworks Score 9.9 out of 10
Medium-sized Companies	Square 9 Softworks Score 9.9 out of 10
Enterprises	Webexpenses Score 8.5 out of 10
All Alternatives	View all alternatives

User Ratings
	Melio
Likelihood to Recommend	4.5 (20 ratings)

User Testimonials
	Melio
Likelihood to Recommend	Melio Melio is particularly well suited for small businesses above $100K in revenue whose owners want to save time and simplify bill payments. It is helpful to bookkeepers so that they don't have to ask the owners, over and over again, "what was that check for?" and "can you send me the bill?" Incentivized Steven Ladd CEO Read full review
Pros	Melio Same day payments Low or no fees Ability to let clients choose how they pay, and pick up payment fees on credit cards if they would like Incentivized David Choy Founder Read full review
Cons	Melio There should be an automatic link between vendors added with their Melio link and the same vendors that already exist in QuickBooks. As it is now, a new vendor is created when you do that and is not linked with the one that already is in QuickBooks. Incentivized Katherine Moore Chess Office/Public Relations Manager Read full review
Alternatives Considered	Melio Melio is 100% free if you just use ACH, and that by itself would be reason enough for me to stick with the platform, it boats a ton of other useful features that add to the experience. Zac Gaetano Creator Read full review
Return on Investment	Melio I have been able to save hours every week now that I am only using Melio as my payment processor I can easily add invoice details which I use to create in another platform and upload to Melio, this saves me time with projects I want to be quicker with The ease of use for my clients is fantastic, and makes for a seamless workflow Incentivized Verified User Anonymous Read full review
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